Board of Directors

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As required by the Federal Reserve Act of 1913, the St. Louis Fed is supervised by a board of nine directors, who are familiar with economic and credit conditions in the District. Similarly, the District's three branches—Little Rock, Louisville and Memphis—each have a board of seven directors, who are familiar with conditions in their respective branch zones. To ensure that it represents the interests of small business, depository institutions and agriculture, the Eighth District appoints advisory councils, which report periodically on regional economic conditions in their industries.

L I N K S

Board of Directors Roles & Responsibilities
A summary from the Board of Governors.

St. Louis

Irl F. Engelhardt
Chairman
Chairman
Patriot Coal Corp.
St. Louis

Steven H. Lipstein
Deputy Chairman
President and CEO
BJC HealthCare
St. Louis

Paul T. Combs
President
Baker Implement Co.
Kennett, Mo.

Gregory M. Duckett
Senior Vice President and Corporate Counsel
Baptist Memorial Health Care Corp.
Memphis, Tenn.

Robert G. Jones
President and CEO
Old National Bancorp
Evansville, Ind.

J. Thomas May
Chairman and CEO
Simmons First National Corp.
Pine Bluff, Ark.

David R. Pirsein
President and CEO
First National Bank in Pinckneyville
Pinckneyville, Ill.

A. Rogers Yarnell II
President
Yarnell Ice Cream Co. Inc.
Searcy, Ark.

* Ninth board member to be named.

Little Rock

Cal McCastlain
Chairman
Partner
Pender & McCastlain, P.A.
Little Rock, Ark.

Phillip N. Baldwin
President and CEO
Southern Bancorp
Arkadelphia, Ark.

Sonja Yates Hubbard
CEO
E-Z Mart Stores Inc.
Texarkana, Texas

Sharon Priest
Executive Director
Downtown Little Rock Partnership
Little Rock, Ark.

William C. Scholl
President
First Security Bancorp - Searcy
First Security Bank
Little Rock, Ark.

C. Sam Walls
CEO
Arkansas Capital Corp.
Little Rock, Ark.

Robert A. Young III
Chairman
Arkansas Best Corp.
Fort Smith, Ark.

Louisville

Gary A. Ransdell
Chairman
President
Western Kentucky University
Bowling Green, Ky.

Gordon B. Guess
Consultant
Marion, Ky.

John L. Huber
Consultant
Louisville, Ky.

Barbara Ann Popp
CEO
Schuler Bauer Real Estate Services
New Albany, Ind.

John C. Schroeder
President
Wabash Plastics Inc.
Evansville, Ind.

L. Clark Taylor Jr.
CEO
Ephraim McDowell Health
Danville, Ky.

Steven E. Trager
Chairman and CEO
Republic Bank & Trust Co.
Louisville, Ky.

Memphis

Nick Clark
Chairman
Partner
Clark & Clark
Memphis, Tenn.

Meredith B. Allen
Vice President, Marketing
Staple Cotton Cooperative Association
Greenwood, Miss.

Charles S. Blatteis
Member (Partner)
The Bogatin Law Firm, PLC
Memphis, Tenn.

Thomas G. Miller
President
Southern Hardware Co. Inc.
West Helena, Ark.

David P. Rumbarger Jr.
President and CEO
Community Development Foundation
Tupelo, Miss.

Hunter Simmons
President and CEO
First South Bank
Jackson, Tenn.

Susan S. Stephenson
Co-Chairman and President
Independent Bank
Memphis, Tenn.

Federal Advisory Council Member

Lewis F. Mallory Jr.
Chairman and CEO
Cadence Financial Corp.
Starkville, Miss.

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